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  1. Business News
  2. About
  3. crop insurance

Crop insurance

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Monsoon Recovery Narrows Kharif Sowing Deficit to Under 2%, but Rain Imbalance Raises Yield Concerns
Monsoon Tracker: Sowing deficit narrows, but uneven rains may hit crop yield

Pulses and oil seeds especially vulnerable as flowering season approaches

Updated: August 10, 2026 09:27 IST
Suvendu Adhikari-Led BJP Government Set to Join PMFBY Crop Insurance After Historic Bengal Win
West Bengal likely to re-join crop insurance scheme soon

Following the BJP’s landslide victory in the 2026 West Bengal elections, the state is poised to rejoin the Pradhan Mantri…

May 8, 2026 19:09 IST
Agriculture Ministry Pushes States to Open Mandatory Escrow Accounts Before Rabi Season
Ministry asks states to open escrow accounts for crop insurance

The Union Agriculture Ministry has urged the 13 non-compliant states implementing the highly subsidized Pradhan Mantri Fasal Bima Yojana (PMFBY)…

November 6, 2025 23:40 IST
Centre Pushes States to Expedite Crop Loss Assessment for Timely Kharif Compensation Amid Excess Rain.
States told to expedite crop loss surveys for Fasal Bima

The agriculture ministry has directed state governments to immediately conduct mid-season adversity crop loss assessments under the Pradhan Mantri Fasal…

October 9, 2025 19:21 IST
Pradhan Mantri Fasal Bima Yojana, PMFBY, economy, Punjab floods, agriculture
Punjab may join Fasal Bima scheme as floods hit crops

Floods damaging crops across Punjab may push the state to join the Pradhan Mantri Fasal Bima Yojana (PMFBY). With 0.4…

September 3, 2025 21:12 IST
Agriculture Minister Shivraj Singh Chouhan to Digitally Transfer Rs 3,200 Crore in Crop Insurance Claims to 30 Lakh Farmers. (Image Source: Express Photo)
Shivraj Singh Chouhan to transfer crop insurance claims worth Rs 3,200 crore to 30 lakh farmers on Monday

In a significant move to support farmers, Agriculture Minister Shivraj Singh Chouhan will digitally transfer ₹3,200 crore under the Pradhan…

August 10, 2025 17:20 IST
Crop insurance, economy, crops, agriculture, PMFBY, insurance
Crop insurance default by states cross Rs 6450 crore in 5 years

State defaults under the PM Fasal Bima Yojana have crossed Rs 6,450 crore over five years, with AP, Rajasthan, and…

July 26, 2025 00:05 IST
kharif crops, economy, farmers, Pradhan Mantri Fasal Bima Yojana
Escrow accounts by states a must under crop insurance plan

To ensure timely crop insurance payouts under PMFBY, states must open escrow accounts from Kharif 2025. The Centre mandates 50%…

June 11, 2025 05:11 IST
The Narendra Modi-led Union government has extended the deadline for farmers to apply for the Prime Minister Crop Insurance Scheme, also known as Pradhan Mantri Fasal Bima Yojana.
PM Fasal Bima Yojana: PMFBY cut-off date for Kharif crops extended in these states – Check full list here

Pradhan Mantri Fasal Bima Yojana: The Narendra Modi-led Union government has extended the deadline for farmers to apply for the…

Updated: August 3, 2024 18:10 IST
fasal bima, kharif
Govt extends enrolment dates for Fasal Bima

Farmers in Maharashtra and Odisha can enroll in PMFBY by Thursday and Saturday.

August 2, 2023 01:15 IST
Direct benefit transfers, budget
Fasal Bima outlay for FY 24 may be Rs 16,000 crore

The balance premium is equally shared among the Centre and states, which implies they bear most of the premium under…

January 12, 2023 02:20 IST
crop insurance, crop insurance 2023-24, crop insurance policy
Govt likely to allocate Rs 15,500 crore for crop insurance for FY24

Punjab, which has not adopted the crop scheme launched in 2016, is in discussion with the agriculture ministry to launch…

December 5, 2022 03:15 IST
climate change and nature conservation are also affecting both crop yield and the land area suitable for agriculture. It is found that the total global arable land area is likely to decrease by 0.8–1.7% in the coming years.
Punjab to join crop insurance scheme

Telangana, Jharkhand, Bihar, Gujarat too rejoining PMFBY

November 12, 2022 03:00 IST
crop insurance, crop insurance scheme, crop insurance scheme 2022-23, Pradhan Mantri Fasal Bima Yojana
Revamped crop insurance scheme from 2023-24 season

Higher cap on premium on the cards, premium to be decided by competitive bidding

September 5, 2022 01:30 IST
Sources told FE that the Centre has agreed to the Telangana government's demand for ‘universal coverage’ of farmers under the scheme.
After Andhra Pradesh, Telangana too rejoins crop insurance scheme

Earlier this month, the Andhra Pradesh government announced its decision to re-join the PMFBY, effective kharif 2022, after the Centre…

July 28, 2022 03:40 IST
Currently, the threshold is 80%. If the claims are even lower, the extra profits will have to be transferred by the insurer to the respective state governments.
Working group suggests steps to boost crop insurance scheme

In February 2020, the government made PMFBY voluntary for farmers while previously it was mandatory for the farmers to take…

June 24, 2022 04:00 IST
In the event of the death of the enrolled farmer due to any cause, the insured amount of Rs 500,000 is transferred to the nominee bank account within 10 days. According to TSEC, since 2018-19, the state government has settled claims to theextent of Rs 3,763 crore and transferred the amount to the 75,276 bereaved families.
Income support and crop insurance give farm sector a leg up in Telangana

Rythu Bima was launched in 2018 with the objective of providing financial relief and social security to the dependents in…

May 31, 2022 04:15 IST
Pradhan Mantri Fasal Bima Yojana aims at providing financial support to farmers facing crop loss/damage due to natural calamities. (File)
No proposal to revise subsidy sharing pattern between Centre and states under PMFBY, says Narendra Singh Tomar

Tomar aid the revamped PMFBY revised the subsidy sharing pattern for north-eastern states from 50:50 to 90:10 between central and…

April 1, 2022 16:51 IST
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Why Tamil Nadu CM Vijay is giving cars and Rs 1 lakh allowance to all MLAs?
Why Tamil Nadu CM Vijay is giving cars and Rs 1 lakh allowance to all MLAs?
India News3 hr ago

Tamil Nadu Chief Minister C Joseph Vijay announced support for MLAs with government vehicles and monthly allowances to aid their public service work. Additional measures for the general public include an increase in health insurance limit, new hospitals, cancer care centers, and incentives for dairy farmers.

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